NonprofitsOcean City Chamber Of Commerce Foundation Inc

Education

Ocean City Chamber Of Commerce Foundation Inc

OCEAN CITY, MD

Total revenue

$21K

Total expenses

$56K

Net assets

$360K

Grants received

$11K

3 grants

EIN

272151222

Tax year

2023

Mission

Charitably formed to encourage, foster, and promote the growth and development of the ocean city business community, the educational development of the workforce, the beautification and environmental protection of the ocean city area, and the growth and development of the ocean city workforce.

Programs

2 programs

Christmas spirit campaign provides holiday gifts for underprivileged children in worcester county who have been identified as in-need and at risk.

Expenses: $13K

Allocation of occupancy expense. The use of office space and office equipment allows the foundation to obtain certain contributions, sell merchandies and conduct activities.

Expenses: $18K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$9K
Investment income$12K
Other revenue$343
Total revenue$21K

Expenses

Grants paid$16K
Salaries & benefits$10K
Fundraising
Other expenses$31K
Total expenses$56K
Total assets$360K
Net assets$360K

People

1 listed

NameRoleCompensation

AMY THOMPSON

EXECUTIVE DI

Board

Grants received

Showing 3 of 3

FromAmountPurposeYear
$500
TO ASSIST ORGANIZATION WITH THEIR STATED PURPOSE
2020
$5K
COMMUNITY DEVELOPMENT
2019
$5K
COMMUNITY DEVELOPMENT
2018

Funded by

$11K from 2 funders · 3 grants · 2018–2020

Community Foundation Of The Eastern Shor

$10K · 2 grants · 2018–2019

Sidney M & Phyllis O Bresler

$500 · 1 grant · 2020

Details

EIN272151222
NTEE codeB82
Subsection03
Ruling date2010-05
Formed2010
Employees0
OCEAN CITY CHAMBER OF COMMERCE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo